2024 NIO to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NIO to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NIO to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 694.5211. Conversely, the yearly low was recorded on February 4, dropping to 660.2289.
This high-to-low spread represents a total annual volatility of 34.2922 VND. From a start-to-finish perspective, comparing the January average rate of 667.9722 to the December average rate of 691.0659, the exchange rate registered a net change of 3.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 694.5211 was up 2.98% compared to the 2023 peak of 674.4315, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NIO to VND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 678.9314, compared to 683.4182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4868 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 21.4352 VND (High: 690.8438 / Low: 669.4087). On the other end, May was the most stable month, with a tight range of 4.4474 VND (High: 694.4328 / Low: 689.9854).
Growth Streaks & Declines
TrendsBetween February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 10.9464 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 691.0659) against the same month in 2023 (average: 662.2647), the exchange rate shifted by +28.8011 (+4.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 671.7385 | 661.2288 | 667.9722 |
| February | 670.7754 | 660.2289 | 666.0750 |
| March | 676.0189 | 669.4227 | 672.2013 |
| April | 692.1046 | 673.7699 | 684.1063 |
| May | 694.4328 | 689.9854 | 691.7580 |
| June | 693.1610 | 686.9007 | 691.4758 |
| July | 692.3994 | 685.4732 | 689.5092 |
| August | 689.8170 | 674.6484 | 680.5408 |
| September | 676.7002 | 666.0441 | 669.5944 |
| October | 690.8438 | 669.4087 | 680.3641 |
| November | 692.1159 | 683.8944 | 689.4351 |
| December | 694.5211 | 688.6574 | 691.0659 |